Developed for users ages 13 and older, the SOUR PATCH KIDS Tycoon Experience encourages fans to engage in mischief to rebuild four fruit-themed versions of Mischief Mountain inspired by the brand's fruit-flavored candies. Fans who engage in the most mischief will be awarded free, limited SOUR PATCH KIDS-themed digital fashion items. Additional 'phygital' rewards such as SOUR PATCH KIDS brand merchandise and candy coupons will be rewarded to select fans through third-party partners to create awareness for th ...

CHICAGO, June 07, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Luca Zaramella, Chief Financial Officer, will present at the 4th Annual Evercore ISI Consumer & Retail Conference, on Thursday, June 13, 2024, at 10:15 a.m. ET. A listen-only webcast will be provided at www.mondelezinternational.com/investors and a replay of the event will also be available on the company's website. About Mondelēz InternationalMondelēz International, Inc. (NASDAQ:MDLZ) empowers people ...

A man eating a chocolate bar. Antonio_Diaz/iStock via Getty Images As an analyst, there is nothing more exciting than covering businesses that I view to be of the utmost quality. As far as I'm concerned, that's the name of the game as a dividend growth investor. When considering prospective investments, there are a few characteristics that I seek: Reliable earnings growth. Depending on the industry, I tend to like to see earnings grow in at least 70% to 80% of years. This is because, all else equal, grow ...

Summary of Mondelez International, Inc. Conference Call Company Overview - **Company**: Mondelez International, Inc. (NASDAQ:MDLZ) - **Date**: June 4, 2024 - **Participants**: Dirk Van de Put (Chairman & CEO), Luca Zaramella (CFO), Steve Powers (Deutsche Bank) Key Points Strategic Focus and Growth - The company has shifted focus from cost-cutting to growth since 2018, emphasizing consumer-centric strategies and marketing revamps [4][5] - Mondelez has successfully delivered results above its financial algorithm, aided by inflation and a focus on both global and local brands [4][5] - Future growth opportunities include geographical expansion, improved execution, and continued bolt-on acquisitions [6][7] Consumer Behavior and Market Trends - Post-COVID, there has been a shift from in-home to on-the-go consumption, with inflation impacting consumer spending habits [9][10] - In the U.S., consumers are increasingly price-sensitive, shifting to discount channels and private labels, leading to a decline in volume [13][14] - The company plans to adjust pricing strategies and promotions to regain consumer interest in its products [15][16] Cocoa Market Insights - Cocoa prices have been volatile, currently around £7,400 per ton, with expectations of a decline as supply normalizes [38][39] - The company has long-term coverage in cocoa, allowing it to manage price fluctuations effectively [40][41] - Anticipated normalization of cocoa prices could lead to cost pressures in 2025, but the company remains focused on long-term strategies [44][46] Distribution and Market Expansion - Mondelez aims to add 3 million new stores by 2030, focusing on high-potential markets like India, China, and Brazil [27][29] - The company is underrepresented in discount channels in the U.S. and is working to optimize its presence in convenience stores [33][34] - Emerging markets are seen as a strength, with significant growth opportunities through distribution gains and same-store sales [31][32] M&A Strategy - Mondelez has developed a strong M&A capability, focusing on disciplined financial practices and strategic fit for acquisitions [48][50] - The company is currently integrating recent acquisitions and is cautious about pursuing new ones in the short term due to market conditions [53][54] Long-term Outlook - The company remains optimistic about its categories, particularly in snacking, with a focus on innovation and brand strength [21][22] - The shift in consumer behavior towards snacking presents significant growth potential, especially in emerging markets [23][24] - Mondelez's global footprint and market leadership position it well for future growth opportunities [25][26] Additional Insights - The company has seen a significant increase in chocolate prices (30% over two years) while maintaining volume growth [10] - The shift in consumer purchasing behavior has led to a need for strategic adjustments in pricing and product offerings [12][15] - The company is committed to maintaining entry-level price points in emerging markets to attract consumers [44][46]

Mondelez International, Inc. (NASDAQ:MDLZ) Deutsche Bank Global Consumer Conference Call June 4, 2024 11:15 AM ET Company Participants Dirk Van de Put - Chairman & Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants Steve Powers - Deutsche Bank Steve Powers All right. Thanks, everybody. Welcome back. I'm Steve Powers. I'm the Head of Deutsche Bank's U.S. Consumer Packaged Goods Franchise and I am thrilled to welcome back Mondelez to our conference. With us today are ...

SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to innovation and product development across Southeast Asia and Australia, New Zealand and Japan. This new facility was officially opened today by Mr Chan Ih-Ming, Executive Vice President, Singapore Economic Development Board. The Lab and Innovation Kitchen will serve as a strategi ...

SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to innovation and product development across Southeast Asia and Australia, New Zealand and Japan. This new facility was officially opened today by Mr Chan Ih-Ming, Executive Vice President, Singapore Economic Development Board. The Lab and Innovation Kitchen will serve as a strateg ...

CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (Nasdaq: MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on July 12, 2024, to shareholders of record as of the close of business on June 28, 2024. About Mondelēz International Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billion ...

Are fans destined to join the dark side or the light side? The only way to discover your destiny is by opening a pack of Star Wars™ OREO Cookies! EAST HANOVER, N.J., May 15, 2024  /PRNewswire/ -- Today, the OREO brand, in collaboration with Lucasfilm, announced the release of Special Edition Star Wars™ OREO Cookies. The two iterations of the Star Wars™ OREO Cookie Packs are wrapped in identical exterior packaging, but each pack contains a single color creme that symbolizes either the dark side or light side ...

WASHINGTON, May 15, 2024 (GLOBE NEWSWIRE) -- Today, CLIF BAR re-launched its Loop the Lincoln 5K event for Organic Week 2024, which aims to help advance important organic food and farming initiatives by bringing together policy leaders and organic industry influencers. As a leader in sustainability practices, including a 20-year commitment to organic, CLIF BAR welcomed Congressional staffers and industry representatives to this active event for walkers and runners. Scott Jurek, champion ultramarathoner and ...